Uptown Retail For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30852231
Property Subtypes: Free-Standing Building
Building Size (RSF): 1,600 SF
Gross Building Area: See Agent
Gross Land Area: 3,600 SF
Sale Price: $650,000
Unit Price: $406.25 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/27/2024

Overview / Comments

Rare opportunity: Free-standing approximately 1,600 square foot building for sale near State and Magazine Streets. Currently configured, the property has a blend of commercial versatility and residential comfort. The fronting retail space is approximately 1,000 square feet and rear efficiency apartment approximately 600 square feet. Adding to its uniqueness, the property includes 3-4 rear parking spaces, a coveted amenity in this prominent area.

Both units are currently occupied on a month-to-month basis.

Please do not disturb the Tenants.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 615102716
Retail Clientele: General, Family, Business, Tourist
Property Located Between: State Street and Eleanor Street
Property Visibility: Excellent
Largest Nearby Street: State Street
Tenancy: Multiple Tenants
Number of Stories: 1
Property Condition: Good
Roof Type: Gable
Construction/Siding: Wood Siding
Parking Type: Surface
Parking Description: 3-4 spaces in the rear of the property
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,031 147,691 360,590
Median Age: 38.58 36.09 37.46
Households: 9,075 61,683 151,316

Contact

Photograph of Listing Agent

Liam Grace

Beau Box Commercial Real Estate New Orleans New Orleans, LA 70112
LACDB Member
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